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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HEI
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Heico Corporation stock upgraded to Buy Candidate.
(Updated on May 08, 2024)

Buy or Hold candidate since Apr 15, 2024 Gain 8.13% PDF

The Heico Corporation stock price gained 0.509% on the last trading day (Wednesday, 8th May 2024), rising from $208.42 to $209.48. During the last trading day the stock fluctuated 1.04% from a day low at $208.04 to a day high of $210.20. The price has risen in 7 of the last 10 days and is up by 2.31% over the past 2 weeks. Volume fell on the last day by -250 thousand shares and in total, 238 thousand shares were bought and sold for approximately $49.82 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $213.20 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 8.35% during the next 3 months and, with a 90% probability hold a price between $209.56 and $230.99 at the end of this 3-month period.

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HEI Signals & Forecast

The Heico Corporation stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $209.63. On a fall, the stock will find some support from the long-term average at approximately $197.63. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, May 06, 2024, and so far it has fallen -1.50%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Heico Corporation stock

On the downside, the stock finds support just below today's level from accumulated volume at $193.52 and $188.02. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Heico Corporation finds support just below today's level at $193.52. If this is broken, then the next support from accumulated volume will be at $188.02 and $184.63.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.16 between high and low, or 1.04%. For the last week, the stock has had daily average volatility of 1.54%.

The Heico Corporation stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $202.19 (-3.48%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 78 and this increases the risk substantially. There is a sell signal from a pivot top found 2 days ago.)

Trading Expectations (HEI) For The Upcoming Trading Day Of Thursday 9th

For the upcoming trading day on Thursday, 9th we expect Heico Corporation to open at $209.24, and during the day (based on 14 day Average True Range), to move between $205.95 and $213.01, which gives a possible trading interval of +/-$3.53 (+/-1.68%) up or down from last closing price. If Heico Corporation takes out the full calculated possible swing range there will be an estimated 3.37% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $210.04 (0.27%) than the support at $193.52 (7.62%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Heico Corporation stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Heico Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 3.156 Buy Candidate Upgraded

Predicted Opening Price for Heico Corporation of Thursday, May 9, 2024

Fair opening price May 9, 2024 Current price
$209.24 ( 0.115%) $209.48

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HEI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 211.40 0.92 %
R2 210.58 0.523 %
R1 210.07 0.279 %
Current price: 209.48
Support S1 208.41 -0.510 %
S2 207.90 -0.754 %
S3 207.07 -1.15 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 212.66 1.52 %
R2 211.36 0.90 %
R1 210.04 0.267 %
Current price 209.48
Support S1 193.52 -7.62%
S2 188.02 -10.24%
S3 184.63 -11.86%

HEI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Dec 18, 2023 Jan 03, 2024 Jan 19, 2024 $0.100 0.0567%
2 Jun 12, 2023 Jun 30, 2023 Jul 17, 2023 $0.100 0.0577%
3 Dec 19, 2022 Jan 04, 2023 Jan 23, 2023 $0.100 0.0598%
4 Jun 21, 2022 Jun 30, 2022 Jul 15, 2022 $0.0900 0.0667%
5 Dec 20, 2021 Jan 05, 2022 Jan 20, 2022 $0.0900 0.0610%

FAQ

What is the symbol for Heico Corporation Stock and on which exchange is it traded?
The symbol for Heico Corporation is HEI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Heico Corporation Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Heico Corporation stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy Heico Corporation Stock?
Heico Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Heico Corporation Stock.

What's the current price of Heico Corporation Stock?
As of the end of day on the May 08, 2024, the price of an Heico Corporation (HEI) share was $209.48.

What is the 52-week high and low for Heico Corporation Stock?
The 52-week high for Heico Corporation Stock is $423.00 and the 52-week low is $257.00.

What is the market capitalization of Heico Corporation Stock?
As of the May 08, 2024, the market capitalization of Heico Corporation is 25.402B.

When is the next earnings date for Heico Corporation?
The upcoming earnings date for Heico Corporation is May 27, 2024.
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About Heico Corporation

Heico HEICO Corporation, through its subsidiaries, designs, manufactures, and sells aerospace, defense, and electronic related products and services in the United States and internationally. The company's Flight Support Group segment provides jet engine and aircraft component replacement parts; thermal insulation blankets and parts; renewable/reusable insulation systems; and specialty components. This segment also distributes hydraulic, pneumatic, stru... HEI Profile

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